Follow-up Interview with Chris Sighinolfi
Wall Street Analyst
Chris Sighinolfi rejoins The Stock Podcast for a follow-up interview where he talks about the current state of midstream. Tune in to hear Chris talk about investor sentiment, the role of ESG (environmental, social, and governance) mandates in the midstream space, and his perspectives on distribution cuts in the sector.
Oil Market Update Post Abqaiq Attack
Mike Rothman is the President and Founder of Cornerstone Analytics, an independent research firm that provides macro energy research. Mike is an industry veteran, having covered the oil market sector since 1984. He started his career at Merrill Lynch, built the energy research platform at ISI, and has attended OPEC meetings since 1986. Mike joins The Stock Podcast to discuss the global oil market, capacity reserves, and supply following the recent attack on the Abqaiq oil processing facility. On Sept. 14, 2019, the world awoke to the news that numerous drones and scud missiles hit Abqaiq, the world’s largest oil processing facility. The attack resulted in 5.7 million barrels of oil production capacity going offline, which equates to about 6% of global oil production. The event was the single largest loss of Saudi oil production in history.
Steve Fleishman is a Managing Director and Senior Analyst at Wolfe Research. Steve and his team cover the utilities, power, renewables, and midstream sectors at Wolfe Research. Steve has been Wall Street’s top-ranked utility analyst 14 times, so it’s an enormous honor to have him on the podcast! Tune in to hear Steve provide a great utility primer including a brief history of utilities, trends he and his team are following, and some of his thoughts on utility valuations today.
Steve agreed to come onto the program to give listeners of The Stock Podcast a utility primer. So, if you have an interest in utility investing, or you just like to gain an understanding of how utility investors think about the sector, this episode may be what you’re looking for.
You may recall from the Chris Sighinolfi interview that sector specialists like Steve know their industries forward and backward and Steve is a prime example of this. Steve has a reputation for being an extremely thoughtful analyst. If you listen to an earnings call with any of the big utilities, you’ll hear why. He asks questions that, in and of themselves, have a lot of meaning.
Apart from being one of the best analysts on Wall Street, Steve is one of the nicest guys I’ve met in the industry. He’s genuinely concerned about people, as well as their stock-picking performance. He was also one of a handful of Wall Street analysts that actually reached out to me after I quit my job to start this podcast. I consider myself fortunate to be able to call Steve a friend and he’s doing me and my listeners a big honor by coming onto the podcast.
Chris Sighinolfi is a Managing Director and research analyst with Jefferies Research. Chris is one of Wall Street’s top-rated analysts covering midstream, MLPs, and natural gas services. In this episode of The Stock Podcast, Chris provides an excellent primer for the midstream/MLP sector. It’s a great interview with Chris providing a lot of context and insight into an undervalued subsector of the energy industry. If you’d like to learn about midstream space from one of the best analysts on the Street, this is the podcast to listen to.